Crypto / Digital Assets

Nasdaq Wins SEC Approval to List Options on Bitcoin ETF

25/09/2024

The options contracts on iShares Bitcoin Trust ETF still need to be approved by the Options Clearing Corp and the CFTC before trading can begin.

Enforcement

Deutsche Börse, Nasdaq Under Scrutiny in EU Antitrust Probe

25/09/2024

Deutsche Börse and Nasdaq said they were raided and searched by EU antitrust watchdogs who suspect antitrust rule violations.

Capital / Liquidity

BCBS Advances Follow-up Response to 2023 Banking Turmoil

25/09/2024

The BCBS has finalised a new report on the lessons learned from the 2023 banking turmoil, focusing on liquidity risk. The report will be published next month.

Enforcement

US Prosecutors Accuse Visa of Monopolising Debit Card Market

25/09/2024

The DOJ says Visa illegally maintains monopoly power by imposing a web of exclusionary agreements on merchants and banks.

Securities / Derivatives

CSRC Enhances Securities Industry Risk Control Indicator System

25/09/2024

The standards used by securities firms to calculate risk control indicators have been optimised and improved.

Capital / Liquidity

PBOC Governor Unveils Plans to Cut Rates, Lower RRR

24/09/2024

PBOC will reduce bank reserve requirements while also lowering interest rates to provide relief to household borrowers.

Sanctions

New Zealand Sanctions New Russian and Belarusian Targets

24/09/2024

The sanctions target the Russian SOE operating Ukraine’s Zaporizhzhya nuclear plant and its director general, among others.

Crypto / Digital Assets

Korea to Start Testing CBDC Backed Deposit Tokens

24/09/2024

BOK will issue wholesale CBDC, which banks will convert to deposit tokens for use by 100,000 consumers for retail purchases.

Capital / Liquidity

BSP Announces Significant Cut to Bank Reserve Requirements

24/09/2024

The BSP cut the RRR for universal and commercial banks by 250 basis points, bringing it from 9.5 percent to 7 percent.